Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
US Dollar/Iraqi Dinar (FOREX:USDIQD)
Crossroads (-60) - USDIQD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDIQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDIQD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDIQD
The long-term trend has been DOWN since Oct 29th, 2019 at 1187.9000
The intermediate-term trend has been UP since Mar 31st, 2020 at 1195.9358
The short-term trend has been UP since Mar 31st, 2020 at 1191.0000
Smart Scan Analysis for USDIQD
Based on our trend formula, USDIQD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).